Hire an ex-con, get a tax break

May 28, 2008

We all know our taxes help pay for necessary societal services, such as building and maintaining highways, paying the salaries of law enforcement officers and running the jails that house some of the folks lawmen catch.

Get_out_of_jail_free_card_2
And now, in addition to collecting taxes to help operate its lock-up, Philadelphia is offering a tax credit that it hopes will lessen the need for the facility.

Philly Mayor Michael Nutter
announced last month a program that gives $10,000
a year in municipal tax credits to companies that hire former prisoners
and provide them tuition support or vocational training.

"This is one of the best crime-prevention programs we’ll ever have," Nutter said.

Spend some now to save more later: The reasoning is that it is more cost-effective to spend some tax money to help ex-felons find and keep jobs than to keep spending it to lock them up again if they revert to crime because they can’t find any other options.

For the first time in U.S. history, more than one of every 100 adults
is in state or federal jail or prison, according to a study by the University of Pennsylvania’s School of Social Policy and Practice. The study also cites federal statistics showing that nearly two-thirds of released inmates are expected to be
rearrested within three years.

"The spending on corrections is consuming a larger and larger percentage of state and local budgets," Michael Thompson, director of the Council of State Governments Justice Center, told the Associated Press. "When you’re spending it on this, you’re not spending it on other government priorities."

Other cities, similar approaches: In addition to Philadelphia’s tax-driven efforts, Baltimore, Chicago and San Francisco have agencies dedicated to ex-offenders. Oregon and Oklahoma established statewide councils last year to study initiatives to help former prisoners re-enter society.

And on the federal level, the Second Chance Act became law in April. It authorizes more than $330 million over two years to help government agencies and nonprofit groups lower recidivism.

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Tax Season 2026 Continues!

We made it. Tax Day 2025 is finally over. For most of us. When the filing season started on Jan. 26, millions who were expecting refunds filed immediately. Most of us got our returns to the Internal Revenue Service by April 15. But plenty of taxpayers also got extensions. They are looking at an Oct. 15 filing deadline.

Those procrastinating filers aren’t a problem. In fact, the IRS appreciates taxpayers who take time to fill out their 1040 forms correctly. It also is grateful that tax submissions are spread out a bit, especially now that the IRS is a leaner agency. Processing returns is easier when they arrive throughout the year instead of in massive bunches.

But enough about Uncle Sam’s tax collection issues. The focus now is on all y’all who filed for extensions, giving you another six months to complete your return. Since your new mid-October due date will be here before you know it, let’s get started now on meeting it.

The ol’ blog is here to help you finish up your extended Form 1040. You can start with January’s tax tips page, which has links to the rest of the year’s tips by-month collections. You also can peruse various tax categories for more tailored advice by clicking on the More Tax Posts drop-down menu at the top of this (and every) page.

And to make sure you don’t miss your new filing deadline, the count-down clock below will let you know just how much time you to file by Oct. 15. At the latest.e. (Note: I’m in the Central Time Zone, so adjust accordingly for where you live.)

Comments
  • Hi Kay,
    Hope this works. Looks like taxes can be used as a carrot and a stick for various things…
    Hope all is well with you.
    Best
    Lubna

Comments are closed.